At a Glance
- Tasks: Handle renewals and amendments, analyse proposals, and negotiate with brokers daily.
- Company: Join Camberford Underwriting, a key player in Brown & Brown UK, known for its dynamic growth.
- Benefits: Enjoy career development opportunities and a friendly team environment.
- Why this job: Be part of a fast-growing business that values professional growth and strong relationships.
- Qualifications: Previous commercial underwriting experience is essential to apply.
- Other info: Contact Dan Hurley for more information or apply online.
The predicted salary is between 36000 - 60000 £ per year.
Camberford Underwriting are a key & prominent part of Brown & Brown UK, and this is a fantastic opportunity to join the business in an important role. You will be handling renewals & policy amendments on a day-to-day basis and assisting brokers with the smooth running of existing policies.
This is a fantastic chance for an experienced Insurance Underwriting professional to join a professional & friendly team, working in a dynamic & fast-growing business that will look to offer career development & progression in both the short & long-term.
Duties to be performed will include:
- Handle renewals and mid-term amendments. This includes, but is not limited to:
- Reviewing and analysing presentations, proposals and renewals.
- Underwriting risks within authority levels and in accordance with any underwriting licence that is in place.
- Using capacity appropriately.
- Entering risk information onto appropriate systems.
- Negotiating with brokers.
- Keeping relevant registers, logs and records up to date as required by team procedures e.g. new business logs, renewal registers, group business registers.
- Building and maintaining strong relationships with brokers and insurers.
- Conduct prospecting activities as required by team procedures e.g. cases that lapsed last year, cases quoted but not bound last year.
- Provide correct and high-quality advice to brokers on Camberford Underwriting products.
- Issue clear and correct instructions to members of the Administration Team.
Previous Commercial underwriting experience is required to be considered for this role.
For more information please apply online or contact Dan Hurley.
Commercial Underwriter employer: Brown & Brown
Contact Detail:
Brown & Brown Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in commercial underwriting. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work as underwriters or brokers. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific examples from your previous experience where you've successfully handled renewals or negotiated with brokers. Being able to articulate your past successes will set you apart from other candidates.
✨Tip Number 4
Research Camberford Underwriting and their products thoroughly. Understanding their offerings and how they position themselves in the market will allow you to tailor your conversations and show genuine interest in the company.
We think you need these skills to ace Commercial Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your previous experience in commercial underwriting. Focus on specific achievements and responsibilities that align with the duties mentioned in the job description, such as handling renewals and negotiating with brokers.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention how your skills and experiences make you a perfect fit for the team at Camberford Underwriting, and express your enthusiasm for career development opportunities.
Highlight Relevant Skills: In your application, emphasise key skills such as risk analysis, relationship building with brokers, and your ability to manage policy amendments. Use specific examples from your past roles to demonstrate these skills effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in underwriting roles.
How to prepare for a job interview at Brown & Brown
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially regarding renewals and policy amendments. Be prepared to discuss how you analyse presentations and proposals, as well as your experience with negotiating with brokers.
✨Showcase Your Relationship-Building Skills
Since the role involves building strong relationships with brokers and insurers, think of examples from your past experiences where you've successfully maintained or improved these relationships. This will demonstrate your interpersonal skills and ability to work collaboratively.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your decision-making and risk assessment abilities. Prepare by thinking through potential situations you might face in the role and how you would handle them, particularly in terms of underwriting risks.
✨Highlight Your Attention to Detail
As an underwriter, attention to detail is crucial. Be ready to discuss how you keep records and logs up to date, and provide examples of how your meticulous nature has positively impacted your previous roles.